A new federal law intended to enhance consumer protection and reduce fraud in the residential loan market may put the kibosh on seller financing of residential properties. This has huge implications for owners of rental housing.
A Cincinnati-based homebuilder’s expansion into Indianapolis marks the second time in six months a builder from the
Queen City has carved out space in the metropolitan area.
Both Democrats seeking their party's nomination for Indiana secretary of state are critics of the state's voter identification
law, which they would have a role in enforcing as the top state election official.
A flea market is replacing a former bowling alley. Plus: A new candy shop planned for Noblesville; Monical’s heads to Lawrence;
and Panda Express eyes IUPUI campus.
Using U.S. Census data, the Indiana Business Research Center finds Indianapolis’ population grew by 6,854 residents last year
while Fishers, Noblesville, Carmel and Greenwood saw less-than-average gains.
In a name change that sounds like a merger of perfidy and profanity, Quadraspec Inc. is now called Perfinity.
Actually, the West Lafayette-based company merged itself into a sister company, Perfinity Biosciences Inc.
That company was created to commercialize a new method of biological sample preparation, developed by Fred Regnier, one of
the founders of Quadraspec. The shareholders of Quadraspec will remain the owners of Perfinity, and they have committed an
extra $2.33 million to the company. Quadraspec, which has raised more than $20 million in outside investment capital, makes
DVD-like discs capable of holding 272 samples that can be analyzed by a reading machine, like a DVD player.
Who knew? The Clarian North Medical Center in Carmel—famous locally for its terrazzo marble interior—is
the 20th most-beautiful hospital in the nation. At least according to health care staffing firm Soliant Health. The Georgia-based
firm built its rankings on votes cast on its Web site. In a press release, Soliant noted that beautiful surroundings help
people heal better. Not mentioned was that pretty hospitals in rich suburbs also tend to attract patients with the money and
private insurance plans to make a hospital profitable.
St. Vincent Health finally won the go-ahead from the Lawrence County Commissioners and County Council to
absorb Bedford’s Dunn Memorial Hospital. St. Vincent now operates 19 hospitals around the state and
has a joint venture with Clarian Health on a rehab hospital in Indianapolis. The Bedford hospital will now be known as St.
Vincent Dunn Hospital. Bedford is one of the places outside of Indianapolis where Clarian and St. Vincent, the state’s
two largest hospitals systems, are competing head-to-head. Clarian owns the cross-town Bedford Regional Medical Center.
AIT Laboratories plans to create as many as 160 jobs by 2014 and move its corporate headquarters to the
northwest side. The Indianapolis-based forensics, clinical and pharmaceutical testing firm plans to invest $74 million to
acquire and equip an existing 90,000-square-foot building in Woodland Corporate Park near West 79th Street and Interstate
465. AIT also plans to build a toxicology lab adjacent to its new headquarters. Its clients range from law-enforcement agencies
to physicians.
Can Indianapolis City Ballet top last year’s blockbuster benefit? What does Feinstein have in store for Carmel?
The Estridge Cos., a Carmel-based home builder, will present details of the massive project—mixing condos, apartments
and retail with a $15 million stadium—at a public hearing
Monday evening.
The longtime accounting firm for Simon family interests objected to subpoenas it received from Melvin Simon’s daughter
Deborah, saying the information
requested was far too broad.
A letter dated Thursday from GOP Sen. Mike Delph of Carmel and signed by more than 20 other Republicans asks Bloomington officials
to "take a step back" from their plan to avoid business with Arizona companies because of that state's new immigration
law.
A new fresh grill and wine bar called Seasons 52 is planning a 9,000-square-foot restaurant to replace El Torito Mexican
Grill in front of The Fashion Mall at Keystone, IBJ.com reported June 14.
As a first-year subscriber to an Indianapolis Symphony series, I’ve been transformed. I’m now a raving fan.
The now famous housing bubble has been blamed for many of our nation’s problems. In truth, it is the opposite. The
massive private debt, including mortgage debt, was made possible by lax lending practices.
What recession? Some firms are enjoying explosive growth.
One-time events influenced bottom lines of some of the few companies that made more money in 2009.
Few escaped the Great Recession unscathed, and unusual circumstances helped some appear as though they did.
-Choices Inc. renewed its lease for 22,593 square feet in Willowbrook IV, 4701 N. Keystone Ave. The tenant was represented by Taggart Birge of Cornerstone Companies Inc. The landlord, Visiting Nurse Services Inc., was represented by Bill Ehret and Katie Gray of Summit Realty Group.
-Buffalo Wild Wings leased 6,400 square feet at Green Street Square, 1551 N. Green St., Brownsburg. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Cranfill Development, was reprhttps://admin.ibj.com/admin/article/workflow/claim?articleId=20571#esented by Michael Cranfill.
-Classic Fashions leased 4,200 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Jamison Downs of Sandor. The tenant represented itself.
-Western Governors University leased 3,841 square feet of office space at Market Tower, 10 W. Market St. The tenant was represented by Darrin Boyd of Cassidy Turley. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Andrew D. Martin of Cassidy Turley.
-Sweet & Savory Inc. leased 3,100 square feet at 4335 106th St., Suite 700, Carmel. The tenant was represented by Ronald H. Bell of Colliers International. The landlord, Lawndale Plaza LLC, was represented by Paul Rogozinski of Veritas Realty.
-Customized Energy Solutions leased 2,555 square feet at 912 Rangeline Road, Carmel. The tenant was represented by Matt Jackson and Joe Lonnemann of Halakar Real Estate. The landlord, B&D Carmel Properties LLC, was represented by Paul Dick of Colliers International.
-Bachia Electronics leased 2,000 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.
-China Garden leased 1,219 square feet at Southport Pavilion, 5325 E. Southport Road. The landlord, Southport Pavilion LLC, was represented by Donna Hovey and Shannon Hicks of CB Richard Ellis. The tenant represented itself.
-National Semiconductor Corp. leased 1,841 square feet at Three Meridian Plaza, 10333 N. Meridian St., Carmel. The tenant was represented by Stan Elser of Grubb & Ellis Harding Dahm & Co. The landlord, ARI Commercial Properties, represented itself.
-NASCO Industries Inc. leased 1,500 square feet at Library Park, 1701 Library Blvd., Greenwood. The tenant was represented by Keith Turnbill of Re/Max Select. The landlord, Ennis Co., was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
-Delta Environmental Consultants Inc. leased 1,495 square feet of office space at 6435 Castleway West Drive. The tenant was represented by Dustin McFarland of Mohr Partners. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
-Hull & Associates leased 1,982 square feet of office space at 6435 Castleway West Drive. The tenant was represented by Dustin McFarland of Mohr Partners. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from
tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take
out government loans they can’t afford.
Newsweek's list of top high schools, released Monday, ranks more than 1,600 schools, including 28 in Indiana.
The attorney for one of the Carmel High School assault victims could ask for a federal investigation into the case. Robert
Turner believes the grand jury was "unfairly influenced" when it charged four former basketball players with misdemeanors.
He believes students from a lower social status would have been charged with felonies. He plans to subpoena the grand jury
evidence as part of a multi-million dollar lawsuit filed by the victim's family.
